Trading news

EURCHF: Double Bottom Emerges Near the Floor Level

Euro (EUR) opened with a major gap and extended upside movement against the Swiss Franc (CHF) on Monday, increasing the price of EURCHF to more than 1.2030 following the Swiss Referendum on Sunday. The short term bias has turned slightly bullish due to a Higher Low on the four hour timeframe. A double bottom pattern has also emerged on the four-hour chart which eyes a rally above the 1.2100 handle.

Monday, 01 Dec, 2014 / 3:47

Source : http://capitaltrustmarkets.com/eurchf-double-bottom-emerges-near-floor-level

Trading news

 

Metals Break Higher On “Biden Bounce”

Gold The yellow metal surged higher over the last 24 hours in response to the [...]

Posted on Thursday, 21 Jan, 2021 / 12:31 under

Wall Street at fresh record as Biden sworn in; euro up ahead of ECB

  Hopes of more stimulus and relief over Biden’s peaceful [...]

Posted on Thursday, 21 Jan, 2021 / 11:01 under

OIL struggling to break past 54 – US OIL Market Outlook – 21/01/2021

WTI Crude hit our short support target at $53 after API inventory showed a [...]

Posted on Thursday, 21 Jan, 2021 / 9:19 under